Only what it says in Flightinternational:
Ocean Airlines
Aims to operate 5 B747-200s
(AGI) - Montechiari (Bs), Italy, May 7 - Ocean Airlines, the first Italian airline only for cargo, and especially for the Far East, has taken off. It was founded in September 2003.Ocean Airlines SpA is a company whose shareholders are Italian and Austrian investors. Flights will begin the third quarter of 2004- Managing Director, Fabio Console, said in a note. The initial investment planned is for 150 million euro in the 2004-2006 period- The turnover expected for the first year of activity is over 100 million euro. Ocean Airlines has established its base in the Gabriele D'Annunzio airport in Brescia Montichiari. (AGI) .
According to
this website.